Textile entrepreneurs from Tirupur and its hinterland are seeing the ‘hank yarn obligation’, an age old stipulation obligating the mills to produce a minimum of 40 per cent of the yarn as hank yarn, ...

Coimbatore, Apr 25 (PTI) Textile yarn manufacturing mills in the region today urged Union Textiles Minister, Smriti Irani to take steps to reduce the Hank Yarn Obligation from 40 per cent to 10 per ...

CHENNAI: The union government would "refund" the entire excise duty of 9.2 per cent imposed on hank yarn to benefit the handloom sector in the country, Union minister of state for textiles V ...

The textiles ministry Thursday amended hank yarn packaging norms whereby yarn packed for civil consumption in each quarter commencing from January-March should be less than 30 per cent of total yarn ...

The Ministry of Textiles has, through a notification dated June 15, slashed hank yarn obligation for textile mills to 20 % from 30 % . Hank yarn obligation is the mandated quantity of yarn for the ...

HYDERABAD: The Weavers Cell of the state BJP unit has urged the Union government to withdraw the nine-per cent excise duty being levied on hank yarn and take necessary measures to allocate 22 items ...

COIMBATORE: Indian Texpreneurs Federation, an apex body of the textile industry in the region has suggested the Centre to remove the hank yarn obligation. In a letter to Prime Minister Narendra Modi, ...

The spinning industry feels that to mandate the textile spinning sector to produce 40 per cent of their total output as hank yarn is absurd and not in sync with the present. There is a need to either ...

TENKASI: More than 15,000 powerloom weavers in and around Sankarankovil town have planned to stage a strike from April 18 to 30 condemning the State and Union governments for the price hike of the ...

The textile industry is not looking for sops and incentives, but policy support from the government to remain competitive, aver industry sources. Listing the industry's expectations, Srihari ...